Following OR Summer Market, Gramicci opened 25 new doors on the east coast and 20 new doors on the west coast. In addition, the company is seeing some customers return with 17 reopened dealers in the east and 28 in the west that were previously customers.
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
LOOK Goes Direct in U.S.; Sees Strong Growth in Fiscal 2006…
LOOK, the French frame and pedal manufacturer, has ended its relationship with its U.S. distributor and created a wholly owned North American subsidiary. The company said that the primary reasons were economical, and the company wanted to offer retailers
Veltec Inks Partnership with Cole
Veltec Sports entered into a Joint Development Partnership with Cole USA, a wheel manufacturer, to bring Cole's patented Dynamic Spoke Alignment technology for road and MTB wheels to market in North America for the first time. Under the terms of the
Performance Steps Ahead with Industry Leading Green Initiatives
Performance Bicycle seems to be leading the way for bicycle companies in conservation efforts. In an industry where environmentalism is usually inextricably linked to preserving access, Performance has taken a step forward and decided to power 100% of its
Deuter ‘Inks’ a Deal to Sell Company to Schwanhäußer
The Schwanhäußer Industrial Group, a family-owned company that produces writing instruments under the Stabilo brand name and private label cosmetics, has acquired Deuter Sport GmbH from Michael Franke, who has owned the brand since 1990. Schwanhäußer is a
Stride Rite Places New Management at Saucony…
The Stride Rite Corporation, parent company to Saucony, reported sales of $177.5 million for the third quarter, an increase of 21% over $146.2 million in the same quarter last year. Net income for the quarter amounted to $8.5 million or 23 cents per dilut
Obituary: Susanne Scaringi
In a letter to the industry, Outdoor Research’s Todd Walton announced that Susanne Scaringi, an OR employee, was critically injured in a bicycle collision with a van. Susanne was taken to Harborview Medical Center in order to care for her life-threatening
RECALL: Cervelo R2.5 Bikes and Frames
The U.S. Consumer Product Safety Commission and Cervélo Cycles Inc. are recalling about 650 2005 R2.5 Model Carbon Fiber Bicycles and Bicycle Frames. The bicycle frames can loosen or separate, causing the rider to lose control, fall and be injured, though
Sport Supply Q4 and 2006 Net More than Doubles
Sport Supply Group, Inc. reported a 3.4% growth in revenues for the fiscal fourth quarter to $24.0 million from $23.2 million last year. Net income jumped 168% to $1.7 million from $621,000 for the fourth quarter last year.For the full year, revenues gre
Sports, Inc. Adds Schuylkill Valley to Roster
After adding Allen Sports Center to its team dealer base last week, Sports, Inc. has added Schuylkill Valley Sports in Pottstown, Penn. as store number 875…
SGMA: Team Sports Grow in Popularity with Women
According to the SGMA’s U.S. Trends in Team Sports, team sports remain very popular in the United States, but the overall number of participants is still declining. But, it’s not all bad news. Right now, interest in organized/sanctioned team sports is o
Hanesbrands 2006 Sales Slip; Net Improves
The now independent Hanesbrands Inc. filed a form 10-K with the SEC, reporting its annual resutls for the past three year. For fiscal 2006, which ended on July 1, 2006, net sales totaled $4.47 billion, down from $4.68 billion in fiscal year 2005. Net inc
TAG Expands Summit Scholarship Program
Team Athletic Goods, Inc. (TAG) has increased its support of the NSGA Team Dealer Summit by increasing the number of scholarships being offered to dealers for 2007 by 50%. TAG’s commitment raises the total number of scholarships available to retailers and
SmartWool Names Bryden as Interim GM
SmartWool Corporation named Mark Bryden as interim General Manager following the retirement of Chip Coe. Currently VP Operations, Mr. Bryden begins leadership of SmartWool with over 27 years experience in apparel marketing and manufacturing industry. Pri
Amer Establishes Winter and Outdoor Management Team
Amer Sports Corporation has named a new management team for its Winter & Outdoor Division of the Americas. The Division, will be lead by President/G.M. Mike Dowse. James Curleigh was named President of Strategic Development for the Division of the America
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